Chancer revolutionises betting by making it attainable to foretell a number of occasions.
Chancer launched a presale on June 13, which has been occurring quick.
The token is a 50x funding sooner or later as blockchain-based betting features prominence.
A couple of weeks since Chancer launched a presale, traders have accrued greater than $1 million of the tokens. Only a few presales elevate these quantities that shortly, underlying a powerful curiosity within the token of the peer-to-peer betting platform. Because the world’s first decentralised betting ecosystem, traders consider Chancer may very well be revolutionary. That stems from the rising curiosity in betting, which Chancer goals to take to the blockchain.
About Chancer and its P2P betting mannequin
Chancer is a brand new blockchain-based betting platform. The platform can be powered by a $CHANCER token. The token would be the platform’s medium of exchanging worth and claiming winnings on profitable bets and different rewards. There are a complete of 1.5 billion Chancer tokens in provide, however solely 65% can be found for presale.
Chancer goals to grow to be the go-to vacation spot for decentralised social and predictive markets. Betting on Chancer happens by means of a P2P mannequin, the place customers set their guidelines and odds.
Image this: You anticipate candidate X to win an election. Your friends could maintain a opposite opinion. So, you place a wager in opposition to them for this probabilistic final result. Below regular circumstances, you received’t be capable to wager on such a political occasion. Chancer permits betting by way of these much less standard occasions.
By Chancer, traders can wager on many occasions. They merely create a P2P Chancer marketplace for the actual occasion or incidence and wager on it. In different phrases, Chancer will increase traders’ alternative and suppleness in betting. This makes the platform a outstanding option to decentralise betting and allow traders to be in cost.
The thrilling bit is that customers are rewarded for creating the P2P markets. The use case makes Chancer greater than a betting platform. Customers may generate passive earnings by sharing the platform and staking the native token.
How massive is the P2P betting alternative?
Since P2P betting is new, estimating the market dimension is right down to estimations. Nevertheless, it’s simple to foretell based mostly in the marketplace dimension and developments in conventional betting.
Market experiences level out that on-line sports activities betting was valued at $70.23 billion in 2021. This degree is anticipated to develop at a CAGR of 11.7% by 2030. Progress in expertise and the proliferation of the digital enviornment are linked with these robust developments.
The projected development in betting is optimistic for Chancer. Historically, sports activities betting dominated, however Most cancers needs to deliver new methods to wager. Coupled with the ever-growing recognition of blockchain, Chancer will craft a distinct segment from conventional betting. It would additionally construct a brand new area of interest that would enhance the betting market dimension additional by means of the P2P mannequin.
Given the above, Chancer’s betting market dimension is big, conferring vital alternatives to traders. A robust demand for the platform is optimistic for the token and its potential to return enormous.
Chancer prediction in 2023, 2024, and the long run
The Chancer token’s long-term worth can be derived from the platform’s continued use and demand. As such, quantifying the long run worth could be extremely speculative. Most cryptocurrencies have risen by 1000’s of percentages after discovering and incomes the market belief. Thus, a possible 50x enhance or extra sooner or later is possible if Chancer lives to its promise.
Nevertheless, within the quick time period, $CHANCER might begin to discover greater values when it lists on Uniswap in Q3 2023. That is when the token will unlock extra demand and rise, doubtlessly by double or triple-digit percentages.
In 2024, $CHANCER might rise by over 1,000%. The idea for the prediction is that the primary platform will permit $CHANCER to be deployed for real-world use instances. That might unlock natural demand that can maintain the token’s worth and push it to greater ranges.
